News

D. Zavos Group of Companies: Presentation of the last phase of the Aqua Park Resort

18.10.2023 D. Zavos Grou , one of the leading development companies in the Cyprus land and property market, presented the new and final phase of the Zavos project to real..

Limassol Blu Marine: Great investment interest for the €400 million project

18.10.2023 Construction work Limassol Blu Marine , a project with a total investment of 400 million euros, continues at a rapid pace. This is a luxury mixed-use project consisting of..

Green Properties delivers THEA Residence in Lycabettus

17.10.2023 Team Green Properties continues to work on the implementation of the THEA Residence project in the heart of Nicosia. THEA Residence , as the name of the project suggests,..

Leptos Group: Revelations for the Zeus Tower of Limassol Blu Marine

17.10.2023 Second residential tower in Limassol Blu Marine , " Zeus" Tower-Signature Collection ", was "unveiled" at an impressive presentation on Monday evening by Leptos Group . Limassol Blu Marine..

Too early to say if Middle East crisis impacts property market

17.10.2023 It is not yet clear how recent events in the Middle East will affect the immediate future of the Cyprus real estate market. While immediate attention naturally falls on..

Adoption of photovoltaics

16.10.2023 Climate change is a reality and, as the UN Secretary-General alarmedly stated, “the planet has exceeded its safety limits.” The European Union is encouraging the installation of solar, photovoltaic..

Beware of Cyprus property swindles

14.10.2023 To obtain permanent residence, you must purchase housing with a minimum cost of 300,000 euros. For the "golden passport" (when it was in force) the minimum value of a..

More Pissouri homes issued with eviction orders

13.10.2023 Eviction orders were issued for a further 25 houses in Pissouri , which had become unsafe for occupancy after years of landslides. Lazaros Lazarou, a community leader, also told..

New Bill for Jointly-Owned Buildings

12.10.2023 To avoid misunderstandings, it must be recognized that there is currently appropriate legislation regulating buildings in joint ownership, which, however, is not without significant shortcomings. Quite often, difficulties arise..

Cyprus construction sector sees price and production increases

12.10.2023 According to a report published this week by the Cyprus Statistical Service ( Cystat ), the Cyprus construction sector experienced significant changes in the third quarter of 2023, with..

Fiscal Monitor: Cyprus surpluses until 2028, debt reduction below 60% in 2027

11.10.2023 The International Monetary Fund forecasts a high primary and significant budget surplus, as well as a reduction in Cyprus' public debt below the Maastricht Treaty limit (60% of GDP)...

The first part of the restoration works of the pier in Larnaca has been completed

11.10.2023 Larnaca Pier restoration work has been completed, which includes static upgrades, maintenance of lighting poles, replacement of various fixtures on the pier, installation of a lighting system under the..

Real estate sector still driven by foreign buyers

07.10.2023 Foreign buyers continue to be the driving force behind Cyprus' property sector as coastal towns see an influx of demand driven by a growing trend of large companies relocating..

A solid foundation is laid for affordable housing – The main pillars of the new strategy

07.10.2023 A new comprehensive strategy prepared and implemented by the Ministry of Home Affairs seeks to lay a solid foundation for mitigating the huge problem faced by large sections of..

Ask Wire: Moves forward with additional funds for real estate digitization and analysis in Cyprus and Greece

06.10.2023 Ask Wire, a real estate data analytics company specializing in the Cypriot and Greek markets, has announced the completion of a new round of funding. The latest round attracted..

35 years of Rotos Group: With great success the “reveals” of Coeo Gladstonos Exclusive Residences

06.10.2023 Special guests at the construction site of the Coeo project Gladstonos Exclusive Residences , on Gladstonos street in Nicosia, welcomed Rotos Group . The event, dedicated to the 35th..

EY Cyprus report: Real estate trends in Cyprus and Europe – Emerging issues and challenges

06.10.2023 Trends in the Cypriot as well as the European property market are reflected in the EY Cyprus report entitled “Mid-Year Industry Review: Cyprus Property” (October 2023). In particular, the..

The architecture and design behind the Coeo Gladstonos Exclusive Residences project

05.10.2023 An event was held in Nicosia to mark the 35th anniversary of Rotos Group . The company welcomed special guests on Gladstonos Street , in the Coeo complex Gladstonos..

K. Yorkatzis : Impressive projects from the Rotos Group and common philosophy

05.10.2023 “Our responsibility is to ensure a sustainable future for citizens and a cleaner environment,” said Nicosia Mayor Konstantinos Giorkatsis , who congratulated Rotos Group with the successes achieved. In..

Nikos Rotos: We build neighborhoods that improve the standard of living

05.10.2023 “Our goal is to build neighborhoods that improve people's standard of living through large, unified developments, with sustainable architectural design and excellent construction quality,” said Rotos CEO and owner..

In the final stage, the formation of a new comprehensive housing strategy with an emphasis on affordable housing

04.10.2023 Every citizen's right to access safe and affordable housing is non-negotiable, and the government's efforts to formulate and activate a single comprehensive housing strategy are in the final stages,..

VAT changes on November 1

03.10.2023 Looking back at VAT on real estate, Giorgos Chrysochos , Group Director at Cyfield , explains how VAT is changing and how anyone interested can benefit. In recent months,..

Green light for a new tourism project worth €9.5 million in Paralimni

02.10.2023 It is expected that a new project will be created in Paralimni with an estimated cost of 9.5 million euros, which will consist of 11 tourist villas and aims..

The projects that are changing Nicosia and how the walled city is becoming a business center

02.10.2023 The strategic goal of the Nicosia Municipality is to invest in the restoration and revitalization of the city. The large new student residence on Voulgaroktonou , Arsinoua and Komninos..

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